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Salary and Service: Keys to Retirement Benefits
… Two major factors will determine the amount of your NYSLRS pension: How long you work and how much you earn. They are referred to as Service Credit and Final Average Earnings (FAE) . … A NYSLRS members service …
https://www.osc.ny.gov/retirement/members/salary-and-service-keys-retirement-benefitsAccidental Disability – Special 20- and 25-Year Plans
… the interest they earned. Mandatory contributions made by Tier 5 and 6 members are not annuity savings contributions, and Tier 5 … must be submitted while you are in service or within two years of your discontinuance from service. The law …
https://www.osc.ny.gov/retirement/publications/1517/accidental-disabilitySocial Security Adjustment – Article 14 Benefits
… Beginning at age 62, your pension will be reduced by one-half (50 percent) of the … Security benefit. This adjustment applies to both service and disability retirements. … Article 14 information for PFRS Tier 3 members Covers pension disability and death benefits …
https://www.osc.ny.gov/retirement/publications/1644/social-security-adjustmentEscalation – Article 14 Benefits
… based on the cost-of-living index. Service retirement benefits can be eligible for either full or partial … 25 years of service credit. If you begin collecting your service retirement benefit prior to the full escalation … for PFRS Tier 3 members Covers pension disability and death benefits …
https://www.osc.ny.gov/retirement/publications/1644/escalationNormal Retirement – Article 14 Benefits
… credit, you can apply for normal retirement regardless of your age. The normal retirement benefit equals 50 percent of … of a benefit, based on the cost-of-living index. Some benefits are eligible for full escalation, while others are … partial escalation. If you retire with at least 22 years and 1 month of service credit, but less than 25 years, you …
https://www.osc.ny.gov/retirement/publications/1644/normal-retirementTier Status – Article 14 Benefits
… When you join the Retirement System, you are assigned to a tier depending on your date of membership. You are a Tier 3 member covered by Article 14 if you joined the Police …
https://www.osc.ny.gov/retirement/publications/1644/tier-statusOrdinary Disability (Section 362) – Special 20- and 25-Year Plans
… (plus interest earned). Mandatory contributions made by Tier 5 and 6 members are not annuity savings contributions, and … On an authorized medical leave of absence for up to two years (which may be extended for an additional two …
https://www.osc.ny.gov/retirement/publications/1517/ordinary-disability-section-362State Police Accidental Disability (Section 363-bb) – State Police Plan
… are: Permanently incapacitated (physically or mentally) and unable to perform your duties as the natural and proximate result of an … “Accident” has a specific meaning with NYSLRS disability benefits. We determine whether an incident is an “accident” …
https://www.osc.ny.gov/retirement/publications/1518/state-police-accidental-disability-section-363-bbOrdinary Death Benefit – En-Con Police Officers Plan
… Your beneficiary may be entitled to an ordinary death benefit, in lieu of a monthly pension, if you meet … at least one year of service since last joining the Retirement System; or Tier 2, 3, 5 or 6 member and have …
https://www.osc.ny.gov/retirement/publications/1822/ordinary-death-benefitCOVID-19 Help Center
… you to find information about COVID-19 as it relates to your NYSLRS benefits. … Find information about COVID19 as it relates to your NYSLRS benefits and see why your pension fund remains safe and secure …
https://www.osc.ny.gov/retirement/members/covid-19-help-centerA Message From Comptroller Thomas P. DiNapoli – En-Con Police Officers Plan
… System, you are covered by a plan that provides important benefits. This publication explains some of the benefits and services available to you as a member of our system, … disabled (disability retirement benefits); Benefits your beneficiary may receive if you die while working for a …
https://www.osc.ny.gov/retirement/publications/1822/message-comptroller-thomas-p-dinapoliCost-of-Living Adjustment – Article 14 Benefits
… Once you meet the eligibility requirements, including age and number of years retired, your retirement benefit will permanently increase each year. … PFRS Tier 3 members Covers pension disability and death benefits …
https://www.osc.ny.gov/retirement/publications/1644/cost-living-adjustmentOrdinary Death Benefit – Regional State Park Police Plan
… Your beneficiary may be entitled to an ordinary death benefit, in lieu of a monthly pension, if you meet … at least one year of service since last joining the Retirement System; or Tier 2, 3, 5 or 6 member and have …
https://www.osc.ny.gov/retirement/publications/1867/ordinary-death-benefitPerformance of Duty Disability – Regional State Park Police Plan
… service you may have. Notice of Occurrence To be eligible for this benefit, you must file an application for a performance of duty disability retirement benefit within one year following the alleged …
https://www.osc.ny.gov/retirement/publications/1867/performance-duty-disabilityPerformance of Duty Disability – Career Plan
Career Plan information for PFRS Tier 1 2 3 Article 11 5 and 6 members covered by Article 11 Sections 375h and 375i Performance of Duty Disability
https://www.osc.ny.gov/retirement/publications/1642/performance-duty-disabilityBecoming a Participating Employer – What Every Employer Should Know
… Being part of NYSLRS allows municipal employers to offer workers retirement benefits related to years of service and final average earnings, as well as death and … must pass a resolution and submit it to us, along with an affidavit from your fiscal officer stating that you will pay …
https://www.osc.ny.gov/retirement/employers/partnership/becoming-participating-employerFull- and Part-Time Service Credit – En-Con Police Officers Plan
… the day you begin employment with a participating employer and work on a full-time, continuous basis, we calculate your retirement service credit by subtracting your beginning … by Section 383b Covers pension disability and death benefits …
https://www.osc.ny.gov/retirement/publications/1822/full-and-part-time-service-creditA Message From Comptroller Thomas P. DiNapoli – Regional State Park Police Plan
… System, you are covered by a plan that provides important benefits. This publication explains some of those benefits and the services available to you as a member of our system, … disabled (disability retirement benefits); Benefits your beneficiary may receive if you die while working for a …
https://www.osc.ny.gov/retirement/publications/1867/message-comptroller-thomas-p-dinapoliPerformance of Duty Disability – Non-Contributory Plan with Guaranteed Benefits
NonContributory Plan with Guaranteed Benefits information for PFRS Tier 1 2 3 Article 11 5 and 6 under Section 375e Performance of Duty Disability
https://www.osc.ny.gov/retirement/publications/1513/performance-duty-disabilityPerformance of Duty Disability – New Career Plan
New Career Plan information for PFRS Tier 1 2 3 Article 11 5 and 6 members under Sections 375h and 375i Performance of Duty Disability
https://www.osc.ny.gov/retirement/publications/1515/performance-duty-disability